Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$193,875+4.0% YoY · prices are rising fast
Market right nowBalanced, leaning buyersMore homes for sale than last year, 15% have cut their price
Income needed to buy, per year$42,028About 0.8× the local median income ($50,268): affordable for a typical household
Days on market89 daysFaster than a year ago: sellers have the edge
The typical home in Carter County, MO is worth $193,875, up 4.0% from a year ago. That is well below what local incomes have historically supported: fair value is about $221,978, so the area is 12.7% undervalued. It is a balanced market, leaning toward buyers: homes take about 89 days to sell, listings are up 3% from a year ago, 15% of listings have had a price cut. A household needs about $42,028 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $50,268. In the latest IRS figures, 86 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$193,875
Change in 1 year
+4.0%
Overvalued %
−12.7%
Show 6 more
Fair home value
$221,978
Change in 5 years
+0.4%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,051
Income needed to afford it
$42,028
Property tax rate
0.42%
Rent and investing
HUD Fair Market Rent, 2 bedrooms
$962
Market activity
Listings vs a year ago
+2.9%
Days on market
89
Listings with a price cut
15.4%
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Homes for sale
36
Pending sales per 100 listings
22
Asking price per sq ft
$187
People and jobs
Median household income
$50,268
Population change (1 year)
+1.0%
Unemployment rate
3.8%
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Population
5,418
Income adjusted for cost of living
$59,914
Net moves in (IRS)
+86
Cost of living (US = 100)
83.9
Schools, risk and environment
School rating (1 to 10)
5.2
FEMA hazard risk score (0 to 100)
53.9
Flood risk score
60.6
Show 3 more
Wildfire risk score
47.5
Walkability (1 to 20)
5.8
Road, rail and air noise
54 dB
Questions people ask
Is Carter County, MO overvalued?
Home prices in Carter County, MO are well below what local incomes have historically supported: fair value is about $221,978, so the area is 12.7% undervalued.
Is Carter County, MO a buyer's or seller's market?
Carter County, MO is a balanced market, leaning toward buyers: homes take about 89 days to sell, listings are up 3% from a year ago, 15% of listings have had a price cut.
Are home prices going down in Carter County, MO?
Home values in Carter County, MO are up 4.0% over the last year.
How much do you need to earn to buy a home in Carter County, MO?
A household needs about $42,028 a year to afford the typical home in Carter County, MO at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $50,268.